Economic

Boomtown Bank's assets consist of $6800.00 in reserves and $15100.00 in bonds. In terms of libabilities, they have $7500.00 in checkable deposits with their customers. This gives them a ne worth of $14400.00. The Federal Reserve conducts Open Market Operations by selling $1500.00 worth of bonds to Boomtown Bank. Do Boomtown Bank's reserves increase or decrease? Increase Decrease No change Calculate the change in Boomtown Bank's net worth as a result of this policy